http://www.dailyreckoning.com.au/smart-dear-reader/2008/01/21/ An independent perspective on the Australian and global investment markets Sat, 21 Nov 2009 17:27:32 -0600 http://wordpress.org/?v=2.8 hourly 1 http://www.dailyreckoning.com.au/smart-dear-reader/2008/01/21/comment-page-1/#comment-6372 Raf Fri, 25 Jan 2008 20:30:16 +0000 http://www.dailyreckoning.com.au/smart-dear-reader/2008/01/21/#comment-6372 I can add to the picture one tax that the goverment of Mr. Kirschner implemented after this reader visit: Being the crops the main source of money of this country, they decided to tax these exports with a 20% "Retencion". They do not call it tax directly, as taxes are also applied to them, It is a "retencion". This money is collected directly out of the producer gains after the sale, and its volume is the main cause of our continued financial surplus. You read well, 20%-25% depending on the crop. I can add to the picture one tax that the goverment of Mr. Kirschner implemented after this reader visit:
Being the crops the main source of money of this country, they decided to tax these exports with a 20% "Retencion". They do not call it tax directly, as taxes are also applied to them, It is a "retencion".
This money is collected directly out of the producer gains after the sale, and its volume is the main cause of our continued financial surplus.
You read well, 20%-25% depending on the crop.

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